Community Development - Available Funds (RLF)

The Community Investment Revolving Fund (CIRF) is a loan program for member communities in the eight-county SICOG region. Loans are available under the program for short-term unplanned community improvements. Such improvements include but are not limited to: fixing broken public water and wastewater lines, repairing fire equipment for emergencies, and replacing a community facility roof due to leaks.

The loan is available to all active members of SICOG with a population under 3,500. During any fiscal year, each community may apply for and receive up to $20,000 in loan funds. The funds must be repaid on a 36-month or shorter amortization schedule. The interest rate is a fixed three percent.